Question
When marginal cost equals average total cost, ________. A . average total cost is rising B . average total cost is falling C . average
When marginal cost equals average total cost, ________.
A. average total cost is rising
B. average total cost is falling
C. average total cost is minimized
D. average total cost is maximized
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Intermediate Microeconomics
Authors: Hal R. Varian
9th edition
978-0393123975, 393123979, 393123960, 978-0393919677, 393919676, 978-0393123968
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